Real Time Gross Settlement (RTGS)
When time is of the essence, Bank of Melbourne Business Banking Online can facilitate Real Time Gross Settlement (RTGS) payments in a secure environment. This payment mechanism will enable funds to be received by the recipient intra-day, rather than the traditional banking system exchanges that occur each night.
All you require to make a RTGS payment is the account details where you want transfer monies to, and if you frequently make payments to this account; Business Banking Online enables you to save the account information.
For further information, contact Bank of Melbourne Institutional & Business Bank on 1300 992 266.